TLTRO to be ‘significant driver’ of European bank issuance
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TLTRO to be ‘significant driver’ of European bank issuance

The Euro sign, the official currency of the Eurozone in the European Union. Photo:Jeff Gilbert

◆ ECB repayments to influence banks’ covered and SP issuance ◆ But TLTRO repayments less important than this year ◆ Large pre-funding could mean lighter January supply

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